Re-entering FSCSX after two profitable trades

In my post on March 18, I identified that bull run was coming to an end and exited the second of these profitable trades in Fidelity Select Software and Computer FSCSX  in my 401K. This is a volatile tech fund but has the advantage of $0 commission if you hold it longer than 30 days. Otherwise the fee is 1%.

If the recovery rally continues, tech funds should be supported by Apple's rebound, so may continue to push higher. I'm not so sure about other sectors...especially with continuing bad news out of Europe.

In my 401K I'm trading longer term, using weekly chart for technical analysis. My re-entry might be a little early, but my philosophy with 401K trades is that they are longer term. If your technical analysis is sound, take the profit early rather than late.  If they don't work out immediately, you are investing for retirement, so patience is in order.